A new website launched this week to help charities and social enterprises navigate social investment.
Good Finance will help demystify social investment for charities and social enterprises, who often say they find the sector confusing and difficult to understand, which in turn prevents them from accessing appropriate finance.
The website includes a tool to help users assess if social investment is right for them, and the first ever directory of social investors and advisors. There are also case studies of recent social investment projects and successes.
The Good Finance website was co-designed and co-funded by Big Society Capital, Access and DCMS, with support from key sector partners including NCVO, Social Enterprise UK, Locality, Matter & Co, and the social investment organisation Flip Finance.
Kieran Whiteside, Good Finance project manager says: “While the social investment market has continued to grow, charities and social enterprises have often struggled to navigate this challenging and complex world. Our hope is that this new website will help charities and social enterprises feel empowered to make informed and educated investment decisions that are right for them.”
Nick Temple, Deputy Chief Executive of Social Enterprise UK, adds: “SEUK knows from its members that access to appropriate finance is one of the biggest barriers and enablers for social enterprise. We also know that the social investment landscape can sometimes feel fragmented, difficult to understand and difficult to access. That’s why we are delighted to be involved in Good Finance which has been designed with the users at its heart – and is also a genuine collaboration between key organisations.”